Major U.S. Airlines No Longer Allow Medical Exemptions For Masks
Tag: Airlines
China to allow more foreign flights after U.S. bans Chinese carriers
U.S. Bullies China To Allow More Passenger Flights Despite Coronavirus Travel Restrictions
“China has, over the objections of the U.S. government, impaired the operating rights of U.S. carriers,” U.S. Department of Transportation Assistant Secretary Joel Szabat wrote to Chinese airlines in a public letter.
U.S. Bullies China To Allow More Passenger Flights Despite Coronavirus Travel Restrictions
Democrats urge U.S. Treasury not to delay $25 billion in grants to airlines
Democrats urge U.S. Treasury not to delay $25 billion in grants to airlines
Pelosi said Democrats agreed that “taxpayers should get a good return on (their) loans to the airlines.”
Corovanirus update: Delta, United warn prolonged travel slump could force more cuts
Corovanirus update: Delta, United warn prolonged travel slump could force more cuts
Airlines have warned they expect travel demand to remain weak. United, Delta say that would require a smaller workforce to match.
U.S. airlines prepare plans to virtually shut down domestic service amid outbreak
Airlines and Boeing want a bailout but look how much theyve spent on stock buybacks
Airlines and Boeing want a bailout but look how much theyve spent on stock buybacks
Then again, Berkshire CEO Warren Buffett has shown during down markets that the extra cash can be put to work by scooping up other companies’ shares at low prices, or making special, lucrative preferred-stock deals, such as the one Berkshire did with Goldman Sachs GS-2.01% during the 2008 financial crisis. Berkshire had $125 billion in cash and short-term investments in U.S. Treasury bills as of Dec. 31.
Nobody could have predicted the coronavirus outbreak, but it is having a tremendous effect on Apple AAPL+2.32% not only because most of its stores are closed, but because iPhones are assembled at Foxconn’s TW:2354+7.14% factories in China. But Apple has also been criticized for holding too much cash. It had $39.7 billion in cash, plus $67.4 billion in “marketable securities” as of Dec. 28. The extra cash will serve the company well during a massive decline in sales.
Ms. Cat’s Chronicles 
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